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Nevada Geothermal Power Acquires Fourth Geothermal Project Crump Geyser, Oregon.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Nevada Geothermal Power Geothermal power

Thermal or electrical power produced from the thermal energy contained in the Earth (geothermal energy). Use of geothermal energy is based thermodynamically on the temperature difference between a mass of subsurface rock and water and a mass
 Inc. (NGP NGP Neo-Geo Pocket (SNK)
NGP Nearest Grid Point
NGP New Growth Point (UK)
NGP National Grid Project
NGP Next-Generation Program (fire suppression)
NGP Next Generation Product
) (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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 VENTURE:NGP)(OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:NGLPF) today reported that they have acquired geothermal leases on 6500 acres of private land covering the "Crump Geyser geyser (gī`zər) [Icel.], hot spring from which water and steam are ejected periodically to heights ranging from a few to several hundred feet. " and an extensive hot spring system in southern, Oregon. The leases are on private land and NGP has free access on the surface for exploration and development and the right to lease land required for the plant site, production well field, pipelines and transmission line right of ways.

Geothermal assessments by the U.S. Department of Energy and the Federal Bureau of Land Management in 2003 ranked the Crump Geyser Known Geothermal Resource Area as highly favourable, (a "top pick") for near-term geothermal power development. In the mid 1980's, Gordon Bloomquist visited the site on behalf of the Bonneville Power Administration The Bonneville Power Administration (BPA) is a U.S. self-financed federal agency which transmits and sells wholesale electricity in Washington, Oregon, Idaho, and western Montana. The BPA is part of the U.S. Department of Energy, and is headquartered in Portland, Oregon. ; at that time geothermometry indicated source water temperatures of 185 degrees C/365 degrees F and the resource potential was estimated at 85 MW.

"The new Crump Geyser geothermal project is a significant acquisition for NGP and a new core holding," said Mr. Fairbank, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  & President. "The addition of the Crump Geyser geothermal site to our resource base is strategic to NGP becoming a significant explorer and developer of geothermal power in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River
West

Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century
. The much anticipated new US Energy Bill which is expected to contain a significantly improved Federal Production Tax Credit for geothermal, allowing a longer time frame to bring new geothermal power to market further enhances the timing of the Crump Geyser acquisition."

At Crump Geyser, a 1680-foot deep well drilled by Magma Power company (in 1959) spontaneously erupted a few days after it was abandoned by Magma. The well flowed 500 gallons/minute (30 litres/second) of boiling water 200 feet into the air continuously for 6 months before reverting to a spectacular geyser erupting at regular intervals. In the 1960's the well was plugged with rocks stemming the geyser flow, however boiling water still rumbles at depth and boiling water bubbles to the surface.

The Crump Geyser is located in the Warner Valley, Lake County, immediately and north of Adel, Oregon, 30 miles east of Lakeview, Oregon or 175 miles north of Winnemucca, Nevada. The Crump Geyser is within the northern part of the Basin and Range rift terrain which also hosts the Blue Mountain geothermal project. The Basin and Range region is characterized by relatively thin earth crust, high heat flow and deep penetrating extensional faults. The Crump Geyser and main hot springs occur on the NGP geothermal leases over a four mile interval at the base of a prominent range front faults scarp scarp: see escarpment.  along the western edge of Warner Valley and out into the valley a distance of about 3000 feet. A separate 2600 acre area under lease to NGP called the northern geothermal zone covers extensive hot springs also occurring along prominent segmented extensional faults. Regional transmission lines into Warner Valley connect to the Western Area Transmission Grid. The property is readily accessible by a paved highway which runs through the property.

Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP is committed to the geothermal industry and currently owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all of which are ideally situated in Nevada and Crump Geyser in Oregon. An initial 30 MW power plant is planned to begin generating power at the Blue Mountain site in 2007 subject to further resource drilling and feasibility studies.

Brian D. Fairbank, P. Eng, CEO & President is a Qualified Person under National Instrument 43-101.

Nevada Geothermal Power Inc.

Brian D. Fairbank, P. Eng., President & CEO

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.

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 does not accept responsibility for the adequacy or accuracy of this release.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 9, 2005
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